A group of influential European Union lawmakers on Tuesday called for the bloc’s executive arm to draw up a framework for the development of financial technology to support the EU's ambitious plans for a Capital Markets Union.
The U.S. Securities and Exchange Commission is rethinking a rule that companies publicly disclose whether products contain minerals mined in Central African war zones, saying that although the rule has been in limbo since the D.C. Circuit declared it unconstitutional, negative effects persist.
The federal government of Canada and the provincial government of British Columbia have signed a deal that will allow two First Nations to work with authorities to ensure environmental oversight of a proposed, $11.4 billion liquefied natural gas facility, the parties said Tuesday.
A government attorney told an Alaska federal judge Tuesday that the Department of Justice lost the approval papers for a settlement between the Department of Homeland Security and an oil and gas company fighting a $15 million shipping fine.
An Arizona federal judge confirmed a Mexican vegetable grower's $1.2 million arbitration award against its U.S. marketing company on Tuesday, rejecting Sunfed Produce LLC's argument that the arbitrator ignored the terms of his engagement.
Former Exxon CEO Rex Tillerson will serve as President Donald Trump’s secretary of state after receiving Senate confirmation Wednesday, as battles over the Cabinet continue this week amid Trump’s controversial order on immigration.
The U.K. House of Commons on Wednesday night voted overwhelmingly for Prime Minister Theresa May to trigger Article 50 of the Lisbon Treaty, removing one of the final obstacles to starting Britain’s historic departure from the European Union.
A Court of International Trade judge on Tuesday said Swedish home furnishings retailer Ikea Supply AG cannot escape paying tariffs on its imported aluminum towel racks and cabinet handles.
The U.S. Department of Energy's conclusion that liquefied natural gas exports from Dominion Resources Inc.'s Cove Point project would not significantly affect the environment is based on a faulty argument that measuring the project's alleged environmental effects is too speculative, the Sierra Club told the D.C. Circuit on Tuesday.
Senate Finance Committee Chairman Orrin Hatch, R-Utah, said Wednesday that it was imperative for Congress to put the “painful history” of the Trans-Pacific Partnership in the rearview mirror and allow the Trump administration to take the lead in crafting a new trade strategy.
Top European Union officials believe negotiations for a free-trade agreement with the U.K., including access for British banks to the EU single market, may not be finalized until the middle of the next decade, the country's former EU ambassador told lawmakers Wednesday.
Top global regulators announced a blueprint on Wednesday to standardize the wrapping-up of collapsing clearinghouses, amid fears they will become the world’s next “too big to fail” financial institutions.
Securing a number of impactful trade remedies on behalf of U.S. manufacturers and successfully lobbying the U.S. Congress to pass enhanced customs enforcement provisions scored King & Spalding LLP’s international trade group a spot among Law360's Practice Groups of the Year.
With a solid conservative bent, President Donald Trump’s nominee for the U.S. Supreme Court, Circuit Judge Neil Gorsuch, is unlikely to shift the high court’s jurisprudence significantly away from where it stood with the late Justice Antonin Scalia, legal experts say.
The praise for Tenth Circuit Judge Neil Gorsuch following his nomination to the U.S. Supreme Court Tuesday night came from many prominent legal figures, reflecting how it will be hard for Democrats to challenge President Donald Trump's selection given the judge's impeccable resume.
Bio-Rad’s CFO testified Tuesday that the company’s former general counsel was fired for incompetence and abusive behavior — and not in retaliation for whistleblowing — telling a California federal jury that he caused Bio-Rad to miss a securities filing deadline and later screamed at her in a meeting about the mistake.
President Donald Trump's U.S. Supreme Court nominee Judge Neil Gorsuch is a 10-year veteran of the Tenth Circuit and has under his belt hundreds of opinions that can be mined for clues as to what kind of Supreme Court justice he would be. Here are three opinions by Judge Gorsuch to read right now.
President Donald Trump on Tuesday nominated Tenth Circuit Judge Neil Gorsuch to fill a Supreme Court seat that has remained vacant since the death of Justice Antonin Scalia in February 2016, picking a well-respected figure in the conservative legal establishment who would restore the nation’s top bench to a Republican majority and likely break the recent spate of 4-4 ties.
A Chinese man accused of helping his billionaire boss bribe United Nations officials to move an annual conference to his property in Macau can’t escape tax-related charges, the federal government argued in New York federal court Monday, saying there’s enough detail in a superseding indictment to support the counts.
A unit of agricultural commodities trader Louis Dreyfus Co. BV said Tuesday it has settled with a company it accused of shirking a corn purchase contract and failing to pay a $1.8 million arbitral award.
President-elect Donald Trump has expressed admiration for Russian President Vladimir Putin, leading many to speculate that Trump's administration may relax U.S. sanctions against Russia. However, Congress has a less favorable view of Russia's role in world affairs, say Simeon Kriesberg and Jing Zhang of Mayer Brown LLP.
The April 2016 leak of "Panama Papers" documents from law firm Mossack Fonseca removed any doubt that the threat of cyberattacks against the legal industry is more than hypothetical. While the case law on law firm data breach litigation has largely yet to be written, there are certain fundamental tenets worth reviewing, say Scott Vernick and Peter Buckley of Fox Rothschild LLP.
During his campaign, President-elect Donald Trump alternatively promised to "dismantle" the Joint Comprehensive Plan of Action, negotiate a better deal, and vigorously enforce the current agreement. Given the vagueness of Trump's policies, sanctions activity regarding Iran is likely to originate in Congress, say attorneys from Mayer Brown LLP.
Since 2008, the legal relationship dynamic has consistently evolved, leading clients to demand more "value" for services received. In 2017, investment in and adoption of new technology and prioritizing cybersecurity will lead to an increase in billable hours and shifts in realization rates, says Haley Altman of Doxly.
If the Trump administration follows through on its pledge to renegotiate or withdraw from NAFTA, any one of a number of scenarios may emerge — from an expanded and modernized agreement, offering companies a chance to formulate a wish-list agenda, to substantial supply chain and commercial disruption, implying defensive concerns for affected businesses, say members of WilmerHale.
With commercial litigation funding gaining acceptance throughout the U.S., law firms and corporations are investigating how they can benefit from the capital that funders provide, and which criteria they should use in selecting a funder. Ralph Sutton, chief investment officer of Bentham IMF, discusses several major trends to watch in 2017.
There are a number of concrete, practical steps that law firms can take to address the high cost of defending legal malpractice claims, both before and after a claim is made, says Richard Simpson, a partner with Wiley Rein LLP who serves on the ABA Standing Committee on Lawyers’ Professional Liability.
The regulatory changes that have propelled increasing cultural and economic engagement with Cuba for the past two years have been made through executive action. With a Republican Congress seemingly lacking the political will to ease or strengthen the Cuba embargo, the Trump administration’s initiatives on Cuba will be decisive for U.S. business interests, says Simeon Kriesberg of Mayer Brown LLP.
Although the full details of the president-elect's plans are not yet clear, some overarching themes are apparent from trade policy speeches during the campaign and a post-election transition team memo that has been reported in the press, according to Ambassador Charlene Barshefsky and other members of WilmerHale.
A primary driver of increasing litigation costs is the explosion of electronic discovery in recent years. Electronic data is not only increasing dramatically in volume, it is also growing in complexity. One way parties can save time and money is to use a neutral, technically skilled mediator, to ensure that e-discovery is both robust and cost-effective, says Daniel Garrie of JAMS.